The average price increase doesn't mean real increase sometimes. 2 g) }/ r! X7 _7 H1 c$ e8 m / a2 r2 v; ~: U) y7 \2 J) UThe average house price in Calagary has gone up by $10,000 since June 1, 2007. But the average price per square foot has changed from $333 to $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. 1 Q$ S# I, r+ w% G# m$ W9 G) E 9 g4 S, g! V2 c8 | B0 @" d7 Lhttp://www.bobtruman.com/7_Day_Stats/page_1770845.html - M K6 S7 ~' m6 i( T8 c" Q7 [, p$ ~ d1 j8 `
The average figure doesn't tell you the whole picture of the market. Do your own research to determine the market is going up or down.